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What is the recommended transmission fluid for a Ford Ranger?

I recently bought a used Ford Ranger and I am not sure what type of transmission fluid to use. I checked the manual and it says Mercon V, but I have been told by a mechanic that Mercon LV is better. What is the difference and which one should I use?

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J

It is recommended to use Mercon V transmission fluid for your Ford Ranger. While Mercon LV may have better performance, it is specifically designed for newer models and using it in your older Ranger could potentially cause damage to your transmission.

E

I have been using Mercon V in my Ford Ranger for years and have not had any issues. Stick with what the manual says and you should be fine.